Greenberg Traurig, LLP (LexBlog United Kingdom)

In July 2025, the House of Lords' Financial Services Regulation Committee launched an inquiry into the expansion of non-bank lending in the UK. The investigation explores whether stricter bank regulations since the global financial crisis have limited traditional bank lending, prompting non-bank financial institutions to fill the gap—and considers the impact on the nation's financial stability.

In this episode of GT’s Big Law Redefined podcast, Immigration Insights series host Kate Kalmykov is joined by Ben Sheldrick, managing partner at McGrath and Sheldrick in London, to break down the evolving landscape of UK immigration.

On 8 July, the UK Government announced plans to end the use of non-disclosure agreements in cases involving harassment and discrimination. The Employment Rights Bill is currently being examined by the House of Lords, following which it will return to the House of Commons and will likely pass into law later this year.

On 10 July, the UK Government introduced the English Devolution and Community Empowerment Bill, which unexpectedly includes a ban on upwards-only rent review clauses in new commercial leases in England and Wales. This GT Alert examines the Bill’s main points, its potential effects on landlords and investors, and what to expect as the legislation moves forward.

The UK Financial Conduct Authority (FCA) is expanding the reach of its Code of Conduct (COCON) for non-bank firms and consulting on new guidance related to non-financial misconduct, with changes taking effect from September 2026 that will align requirements more closely with those already applicable to banks.

The UK Financial Conduct Authority (FCA) is expanding the reach of its Code of Conduct (COCON) for non-bank firms and consulting on new guidance related to non-financial misconduct, with changes taking effect from September 2026 that will align requirements more closely with those already applicable to banks.

The UK Financial Conduct Authority (FCA) is expanding the reach of its Code of Conduct (COCON) for non-bank firms and consulting on new guidance related to non-financial misconduct, with changes taking effect from September 2026 that will align requirements more closely with those already applicable to banks.

The UK government’s 2025 steer encourages the CMA “to ensure that businesses receive a ‘best in class’ experience.”

On 3 April, the Terrorism (Protection of Premises) Act 2025 received Royal Assent. The Act, also known as “Martyn’s Law” in tribute to Martyn Hett, one of the 22 people killed in the 2017 Manchester Arena attack, is intended to improve protective security and organisational preparedness for terrorist attacks at public venues across the UK.

The UK is transforming its grid connection system to address a backlog of over 739 GW of projects, aiming to streamline access and reduce delays.

The UK is transforming its grid connection system to address a backlog of over 739 GW of projects, aiming to streamline access and reduce delays.

The FCA has initiated significant engagement with the private funds sector, akin to its 2013 AIFMD implementation efforts. In 2025, it plans to streamline UK regulatory requirements for fund managers and review conflict of interest management, focusing on governance and investor protections.

The FCA has initiated significant engagement with the private funds sector, akin to its 2013 AIFMD implementation efforts. In 2025, it plans to streamline UK regulatory requirements for fund managers and review conflict of interest management, focusing on governance and investor protections.

On 14 March 2025, the Office of Financial Sanctions Implementation (OFSI) issued a “Disclosure” against UK-registered and regulated charities for breaching Regulation 36 (6) of the Counter Terrorism (International Sanctions) (EU Exit) Regulations 2019 (the Regulations) by failing to respond to OFSI’s requests for information (RFI).

The UK Arbitration Act 2025 seeks to modernise arbitration law through a series of targeted reforms to the Arbitration Act 1996.

The European Union has introduced significant new regulations, including the Digital Operational Resilience Act (DORA) and the EU AI Act.  The GT London team is hosting a roundtable briefing to explore:  We will also examine the UK’s current and future regulatory environment in these domains. Click here to register. March 4, 20258:30 a.m. – 10:30 a.m....

On Jan. 17, 2025, EU Regulation 2022/2554 on digital operational resilience for the financial sector (DORA) became applicable in the EU. DORA focusses on risk management and resilience testing, with a strong focus on vendor risk management, incident management and reporting, and resilience testing of key systems. DORA applies to financial institutions that are authorized...

On Jan. 17, 2025, EU Regulation 2022/2554 on digital operational resilience for the financial sector (DORA) became applicable in the EU. DORA focusses on risk management and resilience testing, with a strong focus on vendor risk management, incident management and reporting, and resilience testing of key systems. DORA applies to financial institutions that are authorized...

The European Union has introduced significant new regulations, including the Digital Operational Resilience Act (DORA) and the EU AI Act.  The GT London team is hosting a roundtable briefing to explore:  We will also examine the UK’s current and future regulatory environment in these domains. Click here to register. March 4, 20258:30 a.m. – 10:30 a.m....

In late 2024, the United Kingdom’s Financial Conduct Authority (FCA) published a “Dear CEO” letter related to the FCA’s “Custody and Fund Services Supervision Strategy.” The letter shares the FCA’s expectations of UK FCA-authorised firms that act as custodians, depositories, and administrators in the funds sector. Importantly the letter also highlights some of the regulatory...

In late 2024, the United Kingdom’s Financial Conduct Authority (FCA) published a “Dear CEO” letter related to the FCA’s “Custody and Fund Services Supervision Strategy.” The letter shares the FCA’s expectations of UK FCA-authorised firms that act as custodians, depositories, and administrators in the funds sector. Importantly the letter also highlights some of the regulatory...

On 13 January 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Financial Sanctions Implementation (OFSI) (collectively, the Participants) published an information-sharing Memorandum of Understanding (MoU), which was signed and took effect on 9 October 2024. The MoU memorializes the strong collaboration between the USA and...

On 13 January 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Financial Sanctions Implementation (OFSI) (collectively, the Participants) published an information-sharing Memorandum of Understanding (MoU), which was signed and took effect on 9 October 2024. The MoU memorializes the strong collaboration between the USA and...

On 18 November 2024, a UK court fined English company EDM Limited £89,359.80 for export control rule violations, finding the company guilty on three counts of exporting military goods without the licence required by the Export Control Order 2008, in breach of s.68(1) of the Customs and Excise Management Act 1979. The company allegedly shipped...

Just as UK citizens must obtain electronic authorization via the Electronic System for Travel Authorization (ESTA) before traveling to the United States for business or tourism, U.S. citizens are now required to obtain Electronic Travel Authorisation (ETA) before visiting the UK. All non-Europeans may apply for an ETA as of Nov. 27, 2024. U.S., Canadian...

In March 2023, the Law Commission revealed its plan to review the Landlord and Tenant Act 1954 (“the 1954 Act”) as part of the Ministry of Housing, Communities and Local Government’s wider initiative to revitalise high streets and town centres. The Law Commission, which is independent of Government, aims to create a legal framework which...

On 6 November 2024, the UK government published its long-awaited Guidance for the new offence of failure to prevent fraud (FTP Fraud Offence), which will come into force on 1 September 2025. The FTP Fraud Offence was introduced via the Economic Crime and Corporate Transparency Act 2023 (ECCTA) and represents the latest tool in UK law-enforcement armoury...

Welcome to the GT London Real Estate Practice’s Autumn 2024 newsletter, reviewing a range of legal and practice developments affecting stakeholders within the UK real estate sector. Continue reading the London Real Estate Practice Quarterly Legal Update. * Special thanks to Paralegal Max Ashken for contributing to this GT Newsletter.

On 2 October 2024, the FCA issued a final notice announcing it had fined digital challenger bank Starling Bank Limited £28,959,426 for financial crime and sanctions systems and controls failures. This included breaching a voluntary FCA requirement (VREQ) not to open any new accounts for high-risk customers while it remediated its anti-money laundering framework and failures...

The UK Financial Conduct Authority (FCA) has proposed significant changes to the safeguarding requirements for UK registered payments and e-money firms (CP24/20). The FCA’s goal is to replace the current safeguarding regime with a new one influenced by existing client money rules that apply to authorised firms holding client money (CASS).  Continue reading the full...